Hi everyone,
We are looking to buy a leasehold motel business in NSW for a treechange. Other than searching on the commercial websites, can anyone please advise if doorknocking actually works as I just don’t want to disrespect or harass anyone for no reason.
We are looking for a motel with about 20 rooms plus without any bar/restaurant. We have funds available ready for purchase however we may be able to get an additional loan depends on the business turnover and profitability.
I will really appreciate your advice or suggestions. Thanks
There is no harm in knocking and asking. People (and brokers) do it every day.
your only issue is if it is a manager working for the owner you may not get a response as they may not speak to the owner often or will not want him to sell as they may lose their job
i sold a large motel in NSW to a guy who dropped in to speak with me but unfortunately he had already made contact with an agent who got six percent for one phone call
20 rooms is a good sIze if you plan on doing the cleaning etc yourself
tony
Hi Tony
Thank you for your reply and great suggestion. I will keep any eye out for any good Motel if something comes up. Cheers
Jeet
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